Legacy HVAC Company With Growing Sales
HVAC | Plumbing | Electrical ยท MI
About This Business
Great opportunity to acquire a Southeast Michigan HVAC company that has a proven track record for over 50 years! Services include installation and servicing of residential and commercial HVAC, refrigeration, generators, air purifiers, boilers and more as technicians are extremely well-rounded. The Company is a Professional (Elite) Partner with multiple national equipment brands and has earned a 5-star rating with the Better Business Bureau. Their customer base is 80% residential, 20% light commercial.
Revenue has significantly increased last year due to increase in labor force, service contracts and ongoing training. This is a turnkey business with up-to-date books, reports and processes. . The owner has some day-to-day responsibilities, but primarily focuses on growing the business and making key decisions for the company. Day to day operations are primarily handled by office staff. All infrastructure is in place including office setup, newer vehicles, equipment, and current website. The office is open 6-days/week, and offers 24/7 emergency services.
Facilities: Currently the business operates out of a month-to-month leased space allowing the new owner to stay or relocate.
Market Outlook
Competition: Although competition exists, this business has loyal hard-working employees, well-rounded service offerings, superb reputation and established name.
Growth and Expansion: The cash flow could be significantly increased if the new owner puts additional focus on marketing service agreements and adding more commercial business.
About the Sale
Support/Training: Seller will provide adequate training to insure smooth transition.
Terms: Seller financing might be available to a qualified buyer. SBA pre-approved.
Reason Selling: Retiring from the business
Highlights
- Over 50 years in business
- 80% residential customer base
- Turnkey business with up-to-date books and processes
- 24/7 emergency services offered
- Seller financing might be available